Grand River Growth Plan -All Gibbs for City Jan 2 2026 - Flipbook - Page 98
New Development
Each home offers approximately 1,300 – 1,400 sf including two bedrooms, 2.5 bathrooms, and
an attached two-car garage. Prices for these homes start at just under $300,000, equating to
$300 sf. Hillside is projected to command a premium in the market because it is walkable to
Downtown Farmington.
Placemaking Opportunities
While job growth in Farmington will remain strong, the employment growth in the south Grand
River corridor will lag the city. However, Corewell Health Farmington Hills serves as a stabilizing
force in the area and will be a catalyst for healthcare and related jobs going forward.
Grand River9s moderate commercial market demand potential is overlooked by many in the
real estate industry.
The gap in job growth is due in part to the corridor9s aged character, limited shopping and
dining offerings and other non-market related factors. The district9s commercial market
demand potential offers a considerable opportunity for growth with enhanced placemaking
including the development of a neighborhood, walkable, mixed-use center.
Figure 13: New mixed-use town centers – Ada, MI, Left & Eddie Street, South Bend, IN.
Employment
There are no published projections regarding the number of jobs to be added in Farmington
Hills. However, given the similar demographics of Oakland County and Farmington Hills, the job
growth in Farmington Hills will be on par with Oakland County.
The City of Farmington Hills has a 2024 commercial base of 46,000 workers. When one
considers other factors such as the high education and income levels, the prime location of
Farmington, the amenities and the area freeways and access to the entire Metro Detroit area
including Ann Arbor, Farmington Hills may be able to exceed the job growth rate of Oakland
County.
Farmington9s 2024 employment sector includes approximately 80% office-management
workers. A few of the top employers in Farmington Hills include Corewell Health, Mercedes-
Grand River Corridor Residential Market Analysis
Gibbs Planning Group, Inc. | Indigo Retail July 2, 2026
14.
